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20121201
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difference. we begin with where things stand on the fiscal cliff. david corn is the washington bureau chief for mother jones magazine and msnbc contributor, jared bernstein was chief economic adviser to vice president biden. gentlemen, president obama tonight said he had spoken with speaker boehner in addition to meeting with senate majority leader harry reid. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class americans, protects unemployed for 2 million americans and lays the groundwork for deficit reduction. that's an achievable goal. that can get done in ten days. once this legislation's agreed to, i expect democrats and republicans to get back to washington and have it pass both chambers. >> jared bernstein, is this actually a setback for the president insofar as the embarrassed speaker was someone at least with whom he was dealing and now the president really doesn't have a negotiation partner? >> i don't think so. i do think in a way it's a setback
's agreed to, i expect democrats and republicans to get back to washington and have it pass both chambers. >> jared bernstein, is this actually a setback for the president insofar as the embarrassed speaker was someone at least with whom he was dealing and now the president really doesn't have a negotiation partner? >> i don't think so. i do think in a way it's a setback for the nation because the president and speaker boehner were actually moving to a credible plausible compromise at the very beginning of the week. and, of course, that's horfully off track now when john boehner decided to go to plan b. i think the leverage is enhanced by this. the problem is i don't know why republicans would nibble at this idea of essentially passing the senate bill. that's what he was describing today sometime before the end of the year when they can wait a few days, go over the cliff and tax rates automatically reach the higher -- i know this is silly, but then they can have a massive tax cut for the broad middle class and have. >> is the prospect of a grand bargain gone? >> the prospect of a grand ba
Search Results 0 to 1 of about 2